RNS
Blue Prism Group PLC

Blue Prism Group PLC - Director/PDMR Shareholding

RNS Number : 4302N
Blue Prism Group PLC
29 January 2021
 

29 January 2021

Blue Prism Group plc

('Blue Prism' or 'the Company' or 'the Group')

 

DIRECTOR / PDMR SHAREHOLDING

 

Blue Prism (AIM: PRSM), a global leader in intelligent automation, announces that on 29 January 2021 it made Long Term Incentive Plan awards ("LTIP Awards") over ordinary shares of 1 penny each in the Company ("Ordinary Shares") to certain of its directors and PDMRs as further described below.

 

In the case of LTIP Awards made to directors, the whole of each award is subject to a vesting period of three years and vesting is conditional on the achievement of certain challenging performance conditions (the "Performance Conditions"). Further details of the conditions applicable to the LTIP Awards will be provided in the Group's forthcoming annual report for the year ended 31 October 2020 (the "Annual Report"). In the case of LTIP Awards made to PDMRs other than directors, part of the LTIP Award is made subject to the Performance Conditions and vesting period, with the balance of the LTIP Award not subject to the same conditions and vesting as to one third each year over three years subject to continued employment, in line with awards made to staff ("Restricted Shares").

 

The Group further announces that on the same date it made an award over Ordinary Shares to Ijoma Maluza pursuant to the Group's 2019-2020 annual bonus plan. Further details of the plan and its performance targets will be provided in the Annual Report. Performance against the plan targets during the year ending 31 October 2020 resulted in an annual bonus payment due to Mr Maluza of £37,125. Pursuant to the terms of the bonus plan, the bonus is being paid in the form of an award of Ordinary Shares, the vesting of which is deferred for one year ("Deferred Share Award"). The Deferred Share Award was calculated using the closing mid-market price of Ordinary Shares on 28 January of 1563p.

 

Name of Director/PDMR

Position

Number of Ordinary Shares in respect of which Performance Condition LTIP Award made

Number of Ordinary Shares in respect of which Restricted Shares LTIP Award made

Number of Ordinary Shares in respect of which Deferred Share Award made

Jason Kingdon

Chairman & CEO

36,347

Nil

Nil

Ijoma Maluza

Chief Financial Officer

22,490

Nil

2,375

Peter O'Neill

Chief Revenue Officer

4,259

12,779

Nil

 

 

CONTACT DETAILS

For further information please contact:

 

Blue Prism Group plc

Tom Hull, Head of Investor Relations                                            +44 (0)77 3670 7407

 

Investec Bank plc                                                                           +44 (0)20 7597 5970

Carlton Nelson

Ben Griffiths

 

BoA Securities                                                                                +44 (0)20 7628 1000

James Robertson

Oliver Elias

 

Brunswick                                                                                      +44 (0)20 7404 5959

Caroline Daniel

Rosie Oddy

 

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Jason Kingdon

2.

Reason for the notification

(a)

Position/status

Chairman & CEO

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(a)

Name

BLUE PRISM GROUP PLC

(b)

LEI

2138006DQE9FNUW8KO83

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

(a)

Description of the Financial Instrument

Ordinary shares of £0.01 each

(b)

Identification code of the Financial Instrument

GB00BYQ0HV16

(c)

Nature of the transaction

Contingent share award under LTIP

 

(d)

Price(s) and volume(s)

Price(s)

Volume(s)

 

 

Nil

36,347

 

 

 

(e)

Aggregated information

-           Aggregated volume

-           Price

36,347

 

 

 

Nil

(f)

Date of the transaction

29 January 2021

(g)

Place of the transaction

Outside a trading venue

 

2.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Ijoma Maluza

2.

Reason for the notification

(a)

Position/status

Chief Financial Officer

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(a)

Name

BLUE PRISM GROUP PLC

(b)

LEI

2138006DQE9FNUW8KO83

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

(a)

Description of the Financial Instrument

Ordinary shares of £0.01 each

(b)

Identification code of the Financial Instrument

GB00BYQ0HV16

(c)

Nature of the transaction

(i)         Contingent share award under LTIP

(ii)        Deferred Share Award

 

(d)

Price(s) and volume(s)

Price(s)

Volume(s)

 

 

Nil

22,490

 

 

Nil

2,375

 

 

 

(e)

Aggregated information

-           Aggregated volume

-           Price

24,865

 

 

 

Nil

(f)

Date of the transaction

29 January 2021

(g)

Place of the transaction

Outside a trading venue

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Peter O'Neill

2.

Reason for the notification

(a)

Position/status

Chief Revenue Officer

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(a)

Name

BLUE PRISM GROUP PLC

(b)

LEI

2138006DQE9FNUW8KO83

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

(a)

Description of the Financial Instrument

Ordinary shares of £0.01 each

(b)

Identification code of the Financial Instrument

GB00BYQ0HV16

(c)

Nature of the transaction

Contingent share award under LTIP

 

(d)

Price(s) and volume(s)

Price(s)

Volume(s)

 

 

Nil

17,038

 

 

 

(e)

Aggregated information

-           Aggregated volume

-           Price

17,038

 

 

 

Nil

(f)

Date of the transaction

29 January 2021

(g)

Place of the transaction

Outside a trading venue

 

 

 

 

 

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